South Africa


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$50 Million Gone? South African Police Probe Suspected Bitcoin Ponzi

As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group.

Police

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South Africa's Central Bank Eyes JPMorgan Blockchain Tech

South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.

CoinDesk placeholder image

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Pick n Pay Double Take? The Supermarket Chain Isn't Accepting Bitcoin, It Tested It

South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.

Supermarket

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South Africa's Central Bank: It's 'Too Risky' to Launch a Cryptocurrency

A senior official for the South African Reserve Bank has spoken of the risks for the institution in launching its own cryptocurrency.

(Shutterstock)

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South Africa's Financial Power Players Are Going All-In on Blockchain

Nearly every major financial institution in South Africa has gathered to chart the country's path towards possible large-scale blockchain adoption.

Johannesburg, South Africa

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SARB Chief: Blockchain Could Bring Financial Access to Millions of People

The governor of South Africa's central bank struck a positive note on blockchain earlier this month.

sarb

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'Sovereign' Blockchains Will Change Monetary Policy, Bank Paper Argues

A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.

oversight

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Banks Trial Blockchain With South African Regulators

South African banks and regulators are teaming up on blockchain.

teamwork

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CSDs to Collaborate in Distributed Ledger First

Two central securities depositories (CSDs) have agreed to collaborate on distributed ledger initiatives in a first-of-its-kind agreement globally.

desktops, computers

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South African Central Bank 'Open' to Blockchain and Cryptocurrency

South Africa’s central bank is “open” to cryptocurrencies and blockchain, according to new statements from its governor.

South Africa, SA

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